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eToro eToro allows you to buy Bitcoin & crypto in the United States.
It offers a free wallet, app, and is easy and quick to use for purchases.
Limited-time offer: Get $10 free once you trade $100 worth of cryptocurrency.
Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. BuyBitcoinWorldwide.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB.
Visit eToro's Website
Robinhood Robinhood is a popular US-based exchange regulated by FinCEN.
Users can buy Bitcoin using ACH transfers, bank accounts, and debit cards.
The platform offers commission-free trading of both Bitcoin and spot Bitcoin ETFs like IBIT and FBTC.
Robinhood is trusted by millions of users and provides a free mobile app for iOS and Android. Visit Robinhood's Website
Gemini
Gemini is a New York-based Bitcoin exchange, open to residents of the United States, UK, Canada, Hong Kong, Japan, Singapore and South Korea. Deposits can be made via wire transfer, SEPA or ACH transfer.
Get $20 of free BTC after trading $100 or more within 30 days.
Visit Gemini's Website 
River River makes it easy to buy bitcoin. It has a clean interface, low fees and allows for automatic purchases.
It currently offers its services in all US states besides New York and Nevada.
Be sure to read our River Financial review. Visit River's Website
Unchained
Unchained offers a secure way to buy bitcoins, with human help.
They also offer Bitcoin IRAs and inheritance planning.
Visit Unchained's Website 
Uphold
Crypto exchange established in 2015. United States residents can buy bitcoin & crypto via wire transfer, credit card, debit card and ACH transfer.
Visit Uphold's Website 
Coinbase Advanced Coinbase's exchange, Coinbase Advanced Trader (formerly called Coinbase Pro), is one of the largest Bitcoin exchanges in the United States. Users can fund their accounts via bank transfer, SEPA, or bank wire. Coinbase Advanced Trader offers good prices and low fees, but its confusing user interface may initially prove difficult to navigate. Visit Coinbase Advanced's Website
MoonPay MoonPay is a popular crypto payment platform available in over 150 countries. It offers a simple way to buy and sell cryptocurrencies using credit/debit cards, bank transfers, and various payment methods. The platform supports 80+ cryptocurrencies including Bitcoin, Ethereum, and many altcoins. While MoonPay excels at ease-of-use and global accessibility, it charges relatively high fees of 1-4.5% per transaction. The service is integrated with many major crypto wallets and exchanges as a payment solution. Visit MoonPay's Website
Bitcoin ATMs You can use our Bitcoin ATM map to buy bitcoins with cash. Bitcoin ATMs can be a quick and easy way to buy bitcoins and they're also private. That convenience and privacy, however, comes with a price; most ATMs have fees of 5-10%. View Bitcoin ATMs
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New Mexico is home to a strong community of Bitcoin enthusiasts. The Land of Enchantment was also home to the United States' very first Bitcoin ATM. Additionally, the state's natural abundance of renewable energy sources makes it an attractive location for commercial miners.
So, is New Mexico paradise for Bitcoiners? Read on to find out all about how to buy and where to spend Bitcoin in New Mexico, as well as the state laws pertaining to the cryptocurrency.
A number of local businesses have been accepting Bitcoin since as far back as 2011, such as David Edwards' New Mexico Tea Co. Edwards is not content to just profit off his early adoption of the cryptocurrency (though he has certainly done that) – he also acts as a Bitcoin evangelist and encourages anyone with questions to reach out, whether they're buying tea or not.
Downtown Albuquerque's Vetco also accepts Bitcoin. “We figure Bitcoiners have pets, too,” said the pet supply store’s marketing director.
These are just a couple of the many crypto-friendly businesses in New Mexico and show how strong the grassroots interest in the cryptocurrency is.
It's no passing fad, either. The state's Bitcoin community had a big win back in 2014 when the first ever Bitcoin ATM in the U.S. was installed in a cigar bar in Albuquerque.
For another New Mexico first we'll need to head out of the cigar bars and onto a college campus. In 2018, Central New Mexico Community College became the first higher-education institution in the country to issue student diplomas on a blockchain.
This initiative gives "students lifelong power to manage their own hard-earned credentials from the palm of their hand."
Not content with just that, CNMCC also announced that it would be accepting Bitcoin as payment for tuition. The blockchain era is coming, as they put it, and any institution not at the forefront of it will be left behind.
These institutions can benefit not only from New Mexico's strong grassroots community, but also from the state's natural resources.
New Mexico is home to some of the cheapest renewable energy in the U.S., making it an attractive location for any large-scale Bitcoin miners looking to set up shop.
2019's Energy Transition Act increased the state's target to 100 percent of electricity sales from carbon-free generation by 2045. The Act gives incentives to users and producers, such as favorable tariffs and predictable pricing structures.
So, does all this combine to make New Mexico the best state in the U.S. for Bitcoin?
Unfortunately not. The state government has shown little interest in Bitcoin or blockchain technology, with no laws specifically promoting or clarifying the legal status of the technology.
New Mexico is one of the handful of U.S. states that requires those transacting in cryptocurrency to obtain a money transmitter license.
Requirements and processing fees for money transmitter licenses are relatively onerous. Additionally, the Regulation and Licensing Department requires that "money transmitters maintain a minimum surety bond of $300,000 or 1% of the total yearly dollar volume of money transmission business within the State of New Mexico."
This process, however, was greatly streamlined in 2020 when the Conference of State Bank Supervisors (CSBS) announced that money transmitter businesses in 48 states would have their license recognized by the others.
New Mexico has great potential for Bitcoin and blockchain, but so far this potential has gone untapped.
Still, Bitcoin is fully legal in New Mexico and there is enough local support in the state to make sure you won't be alone in your endeavors.
If you're looking to buy Bitcoin in New Mexico, exchanges are the easiest way to do so. See below for our review of the best U.S.-based and international options.
Another option is to use LocalBitcoins, which is a peer-to-peer marketplace where you can organize trades with other individuals who are looking to buy or sell Bitcoin. This means that you can use any payment method you on which you both agree. PayPal, bank transfers, and gift cards are some of the most common on the site.
Bitcoin ATMs allow you to purchase Bitcoin using cash. A Bitcoin ATM transaction takes just a matter of minutes, making it one of the quickest ways to turn cash into cryptocurrency in your (virtual) wallet.
Regardless of how you obtain your Bitcoin, you'll need to store it securely. If you lose your funds, Bitcoin's trustless and decentralized nature means there's no one you can turn to. This means that storing it safely in a wallet is important. Read on to find out more about the Best Bitcoin and cryptocurrency wallets.
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New Mexico, being home to no major crypto exchanges, has so far escaped from being the location of any crypto hacks.
This doesn't mean that Bitcoin investors should ignore the threat of any of the Ponzi schemes or phishing attacks out there.
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Yes, Binance is available for customers in New Mexico.
However, you cannot simply go to binance.com and sign up for an account.
Binance has a special website for US based customers at Binance.us
Due to US regulations, Binance US is more strict about handling KYC and AML of new customers.
This just means that verification may take a little longer than it would on regular Binance.
The biggest difference between Binance US and regular Binance is the coin support as well as some of the features available to users.
Because of this, you shouldn’t just look at the supported coins listed on binance.com and assume Binance US will sell it to you. It’s a good idea to make sure that the Binance US coin support list shows the coin you want to buy.
User in New Mexico can convert, buy, and sell cryptocurrencies with fiat. Supported payment methods are:
Users in New Mexico can use all of Gemini’s products and services.
Users in New Mexico can use all of Coinmama's products and services.
Users in New Mexico can use all of Kraken’s products and services.
The best way to find a Bitcoin ATM in New Mexico is to use our Bitcoin ATM finder tool.
Here, you can filter by any of the most popular cryptocurrencies and find ATMs that support buying, selling, or both.
Any exchange listed above will allow you to sell your Bitcoin for fiat currency.
Another way to sell Bitcoins in New Mexico is through automated teller machines (ATMs). These ATMs allow users to instantly purchase and sell cryptocurrency using cash, however most of them require at least a phone number, so they aren't totally private.
LocalBitcoins is another option. Here, you can buy and sell Bitcoin for a wide range of payment methods, from gift cards to bank transfers. LocalBitcoins is a peer-to-peer (P2P) exchange, where you buy and sell with another individual. This does introduce a degree of risk, though by ensuring that you conduct all business on the platform, make use of its escrow services, and only trade with users who have a good reputation, you'll minimize any potential problems.
You could also use a service like eGifter to sell your Bitcoin for gift cards.
Coinbase 